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General Motors

General Motors

The Obama Administration says 13 of the nation's largest companies are taking the "American Business Act on Climate Pledge," including General Motors.

Other companies pledging to significantly reduce their carbon emissions are Alcoa, Apple, Bank of America, Berkshire Hathaway Energy, Cargill, Coca-Cola, Goldman Sachs, Google, Microsoft, PepsiCo, UPS, and Walmart.

user paul (dex) / Flickr

General Motors is adding 300 new jobs and investing $245 million in one of its metro Detroit plants in Orion Township.

And residents there are breathing a sigh of relief, because just a few years ago, it looked like that plant was going to close.

GM Renaissance Center in Detroit.
John F. Martin / Creative Commons

Auto sales are humming along. In fact, May brought the best light-vehicle sales ever recorded for that month: over 1.6 million units.

So, what's with the "immediate retirements" of top bargainers for General Motors and Fiat Chrysler Automobiles?

Detroit News business columnist Daniel Howes worries that "the wheels are starting to wobble" for Detroit's auto industry.

General Motors CEO Mary Barra.
Dave Pinter / flickr

General Motors CEO Mary Barra confirmed she received an email from Fiat Chrysler CEO Sergio Marchionne suggesting that the two companies merge.

She says the email was vetted by her executive team and GM's Board of Directors.

And the answer to the suggestion was "no."

Marchionne says the global auto industry needs to consolidate to realize better economies of scale, but Barra says GM is doing just fine on its own in that regard.

www.flazingo.com / www.flazingo.com/creative commons

An annual study says suppliers have a poor relationship with General Motors, Fiat Chrysler (FCA) and Nissan, mainly because those automakers were adversarial in their dealings with them.

John Henke of Planning Perspectives says the results of his annual OEM-Supplier Relations Study was disappointing and surprising, because in recent years, GM and Chrysler had been making improvements with supplier relations.

General Motors

Last year, GM's Warren Technical Center was designated a National Historic Landmark.

That was the good thing that happened.

But a bad thing happened that same year. Many buildings and infrastructure on the sprawling campus were damaged by severe flooding.

Lester Graham / Michigan Radio

UNDATED (AP) - Demand for small and midsize SUVs is driving up auto sales.

  General Motors, Ford, Toyota, Fiat Chrysler and Nissan all reported U.S. sales gains in April as buyers flocked to crossover SUVS that handle like cars and sit up higher. But the gains came at the expense of small and midsize cars.

Sarah Hulett / Michigan Radio

General Motors is planning to invest more than $5 billion in its U.S. facilities over the next three years. 

The money won't mean a huge number of new jobs.  A total of about 650 new positions will be added.

But GM's head of North American Manufacturing Cathy Clegg says it does mean a long-term commitment to jobs already at the facilities.

A 2014 Impala driving off the line at Oshawa Assembly.
General Motors

OSHAWA, Ontario - General Motors Canada says it will cut about 1,000 positions from its Oshawa manufacturing operations this year.

GM Canada said Thursday that its main assembly operation is expected to have 2,600 hourly employees, down from 3,600 by December.

wikipedia

GM will have less cash on its books, after making a deal with an activist investor unhappy with the company's stock performance. 

GM agreed to buy back $5 billion worth of its stock, to appease investors led by Harry Wilson. Wilson was a member of the Auto Task Force in 2009 which took GM through bankruptcy. 

He'd threatened to run for GM's board as a hostile candidate, to try to force GM to make an $8 billion stock buyback. 

pixabay.com

Freezing temperatures and drifts of snow likely took a small bite out of U.S. auto sales last month, but most automakers are still reporting gains thanks to the strong economy.

General Motors' sales rose 4.2% over last February, while Chrysler's sales were up 5.6%. Nissan's sales were up 2.7%. However, those gains were smaller than analysts had predicted.

Courtesy of GM

The Next Idea

It can often be difficult to imagine just how much the latest innovations will truly affect our lives. The smartphone’s contributions, for example, are now obvious; the Segway’s, not so much.

One industry, however, that offers some of the clearest examples of how technology and new innovations will fundamentally change our world is the auto industry.

From driverless cars and 3-D printers, to shifting demographic and transportation trends, automakers are competing to find the best, most efficient innovations that will reshape everything from the way we buy (or share) cars to how we drive (or won’t) in the coming decades.

Brandon C / Flickr

General Motors reports earning $2.8 billion last year, despite issuing a record number of recalls.

GM recalled more than 26 million vehicles in the U.S., and 30 million globally.

GM CEO Mary Barra says the recall crisis was "galvanizing."

"We have built what I believe is the best safety organization in the industry, and we are instilling a zero-defect mindset across the company," she told analysts and investors during a conference call on the fiscal year's financial results.

Reporters getting a closer look at the Chevy Bolt concept.
Mark Brush / Michigan Radio

This week, Jack and Emily discuss Detroit schools’ new emergency manager, Dave Agema’s latest controversy and the North American International Auto Show.


Paige Pfleger / Michigan Radio

Click on the image above to see some of the concept cars on display at this year's auto show.

- Paige Pfleger, Michigan Radio Newsroom

General Motors' Chevy Bolt is expected to be in showrooms by the end of the year.
Mark Brush / Michigan Radio

General Motors officials introduced a concept car, the Chevy Bolt, today at the North American International Auto Show. The car company claims the all-electric car has a range of up to 200 miles on one charge and will be affordable to the typical consumer. The company puts the price of the Bolt at $30,000 including a federal tax credit.

If it’s released, the Bolt would compete with the electric car-maker Tesla. Tesla’s Model S has a range of 265 miles on one charge, but the car’s price tag is out of reach for many consumers with a base price of nearly $70,000.

General Motors CEO Mary Barra.
Dave Pinter / flickr

Two weeks after Mary Barra took charge of General Motors, she faced a sudden challenge that could have tested even a seasoned CEO.

The automaker was forced to admit it had delayed a recall of 2.6 million Cobalts and other small cars for 10 years, leading to dozens of deaths that might not have happened had the recall been timely.

Soon, Barra was called before several congressional committees, where she endured sometimes merciless questioning about the scandal. 

GM had an event-filled year. The company announced more shifts at assembly plants, like at this one - the Wentzville Assembly plant in Missouri. It also dealt with the fallout from the ignition switch recall.
GM

For the world's automakers 2014 was full of good news and some very, very bad news.

We take a look back at the year with Michele Krebs, director of Automotive Relations with the Auto Trader Group, and Tracy Samilton, Michigan Radio's auto reporter.

Listen to our conversation with them below.

Cadillac logo and grille
Flickr user Eric E Johnson / Flickr

Cadillac is moving its headquarters, and over 100 employees, to New York City. Detroit News Business Columnist Daniel Howes tells us the move shows that Cadillac is looking to gain more customers of money and influence on the East coast.

Cadillac’s vehicles will still be developed and engineered here in the Midwest.

Listen to our conversation with Howes below.


Andrea_44 / Flickr - http://j.mp/1SPGCl0

Emails just released in a court case reveal General Motors ordered a half-million replacement ignition switches, nearly two months before reporting the defective switch problem to the government. The defect has been identified as a factor in 32 deaths.

Jeff Bennett broke this story for the Wall Street Journal.


Today on Stateside:

  •         Emails from an order for 500,000 ignition switches by General Motors from December 18th have been released. Jeff Bennett broke the story for the Wall Street Journal and talks to us about the importance of these emails in a pending legal case.
  •           In Ann Arbor, kids caught spray-painting serve their community service time by cleaning up graffiti under the Juvenile Graffiti Removal Project. Listen to Sgt. Thomas Hickey of the Ann Arbor Police Department discuss his creative idea.
  •          Called “the greatest American player of all time” by Red Wings head coach Mike Babcock, Chris Chelios has certainly left his mark on the city of Detroit and the Red Wings franchise. Listen to him discuss his new memoir, Made in America.
  •          While high-profile chemical spills and bacterial blooms have raised concerns about the safety of drinking water in the United States, it’s not the only pollutant reaching the water supply. Listen to chemist Andrea Sella report for the BBC on how the medicines we take are ending up in our environment.
  •          Rebecca Klaper, professor at the University of Wisconsin-Milwaukee’s School of Freshwater Sciences has been studying the presence of pharmaceuticals and personal care products (PPCPs) within the Great Lakes. Listen to Dr. Klaper discuss the presence of PPCPs in the Great Lakes.
  •           East Jordan Iron Works has a 131-year history in the state of Michigan. You can’t walk across a street in Michigan without stepping on a manhole cover branded with their name. Listen to VP Thomas Teske discuss the history of the company.
  •          In the fight against blight in Flint, Gordon Young had a goal of raising $10,000 to tear down a single decaying home on Parkbelt Drive in Flint. After contributions from over 150 donors, Young has exceeded his goal by more than $1,000.

Steve Carmody / Michigan Radio

Today’s announcement that General Motors plans to spend $300 million in Michigan is good news not only for GM employees, but also for auto parts suppliers.

GM had previously announced the automaker's plans to invest $240 million in its Warren transmission plant. The plant will make the electric drive unit for the next-generation Chevy Volt. 

Wikimedia

General Motors made nearly $1.5 billion dollars in the third quarter. That was better than many analysts expected. 

General Motors already put most of the costs of its many recalls on the books in the first and second quarters.  So the third quarter looks much healthier by comparison. 

Strong profits in North America boosted the automaker's performance, driven by increases in truck and large SUV sales. 

This Week in Review, Jack Lessenberry and Rina Miller discuss big name politicians stopping in Michigan to campaign for local candidates, the latest development in Detroit’s bankruptcy trial, and GM’s record global sales despite a dismal week on Wall Street.


Steve Carmody / Michigan Radio

ISIS, Ebola, tensions between Russia and the Ukraine, economic slowdowns in China, Europe, Latin America, and elsewhere – the profusion of gloomy headlines added up to a grim day on Wall Street yesterday, as the Dow plunged more than 450 points. 

It was the heaviest day of trading in more than three years. 

The stomach-churning day on Wall Street came exactly as General Motors announced some shiny, happy news: GM sold more cars and trucks worldwide in the third quarter than anytime since 1980.

Daniel Howes says the GM's record sales are largely powered by the relatively positive markets in North America and China. But in a lot of other parts of the world, the sales stink for GM as well as its competitors. 

VW edging closer to its desired no. 1 spot.
user PMillera4 / Flickr

They're rounding the 7.5 furlong mark and the standings are:

  1. Toyota
  2. Volkswagen
  3. General Motors

The Associated Press breaks it down for us:

Volkswagen edged out General Motors for second place in the global auto sales race during the first three quarters of the year, but Toyota was expected to keep its lead to stay in first place.

GM said Wednesday that is sold 7.37 million cars and trucks worldwide from January through September. But VW said it sold 7.4 million to nudge GM out of second place.

Toyota won't release its numbers for the first three quarters until late October. But it was in first place in the first half with sales of almost 5.1 million, and it expects the full-year figure to be 10.1 million.

Toyota finished first last year with a record 9.98 million sales. General Motors Co. finished second and VW third.

Water running from tap
jordanmrcai / Creative Commons

Emily Fox and Jack Lessenberry sat down to discuss what's going on this week in Michigan politics. They covered the high price of water in Flint and Detroit, GM’s decision to move its Cadillac headquarters to New York, and the debates for Michigan governor and the U.S. Senate race.


DETROIT (AP) - General Motors is recalling 221,558 Cadillac XTS and Chevrolet Impala sedans because the brake pads can stay partially engaged even when they're not needed, increasing the risk of a fire.

The recall involves Cadillacs from the 2013-2015 model years and Impalas from the 2014 and 2015 model years. There are 205,309 vehicles affected in the U.S.; the rest of the vehicles are in Canada and elsewhere.

Steve Carmody / Michigan Radio

 

When General Motors appointed Kenneth Feinberg as its so-called "compensation czar," it was clear the automaker hoped to have Feinberg determine damages to victims of the ignition-switch debacle, pay, and move on.

But as Detroit News business columnist Daniel Howes writes today, things are not working out that way:

Steve Carmody / Michigan Radio

General Motors is taking the lead in producing cars that can almost drive themselves.

The "driver-assist" and "vehicle-to-vehicle" technology enables cars to communicate with other cars and roadside sensors. That should help drivers avoid accidents and reduce traffic congestion.

GM CEO Mary Barra announced Sunday the automaker will begin offering V2V as an option in the Lansing-built Cadillac CTS starting with the 2017 model year.   

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